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on July 24, 2017

Cal-Maine closes fourth quarter, fiscal year with losses

The US’ largest egg producer said exceptional market conditions combined with low egg prices are harming its bottom line.

Cal-Maine Foods Inc. ended its fourth quarter of its fiscal 2017, and its entire fiscal year, with a net loss, thanks to the prolonged effects of the U.S. avian influenza outbreak among other factors.

On July 24, the Jackson, Mississippi, egg producer released its financial results for the quarter…

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